Medical Professionals include nurses, doctors, pharmacists and many more. You can only claim a deduction if 1) you spent the money and were not reimbursed, 2) was directly related to your income and 3) have a record to prove it. If you are a medical professional, here is what you can claim:
- Car expenses: Costs between different jobs on the same day or between different clinics for the same employer e.g. fuel, registration, insurance, parking, tolls, repairs, depreciation (logbook) or work-related business kilometres (cents per kilometre)
- Clothing: Compulsory uniform with a logo or provides protection e.g. lab coats, surgical caps, masks, gloves, hair nets, scrubs
- Laundry/ cleaning of work-related clothing
- Travel expenses: Accommodation, airfares, taxis, parking and tolls if travelling for work e.g. visiting patients in different hospitals
- Medical equipment: If it’s more than $300, the deduction can be claimed over a number of years. If it is less than $300, an immediate deduction for the whole cost can be claimed. E.g. stethoscopes, surgical instruments, blood pressure monitors
- Medical publications
- Professional indemnity insurance
- Union/ association fees: E.g. Australian Medical Association
- Self-education: Course fees, books, manuals, journals
- Seminars & conferences
- Home office running: Actual running expenses, at a rate of 67 cents per hour (2023) or 52 cents per hour (2022)
If you are a medical professional and require assistance on this matter, please contact our office at 03 9973 5905.